Dextrin Market, by Application (Food, Pharmaceutical, Industrial, Cosmetics, and Others), by Type (Maltodextrin, Cyclodextrin, Amylodextrin, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Jan 2023

Code : CMI2392

Pages :135

Formats :

Excel and PDF

Industry : Food Ingredients

Dextrin MarketSize and Trends

The global dextrin market was valued at US$ 2,785.80 Mn in 2021 and is expected to reach US$ 4,032.7 Mn exhibiting a CAGR of 3.4% during the forecast period 2022-2030.

Market Trends

Rising awareness about the medical advantages

Rising awareness about the medical advantages of dextrin can boost the market growth worldwide. Dextrin is used to thicken many products in food industry such as soups and baby foods which can helps to propel the global dextrin market growth in upcoming years. For instance, in May 2020, a supplier of food and beverages ingredients ‘Tate & Lyle’ announced that increasing the demand of shelf-stable foods and ingredients used in packaged in Europe and North America regions have positively influenced the global dextrin market growth.

Increasing the demand of ready-to-eat food products

Increasing the demand of ready-to-eat food products including bakery and confectionary product due to hectic lifestyle can drive the global dextrin market growth in forecast period. Furthermore, in December 2021, Cargill Inc. a food manufacturing company acquired the Croda’s bio based industrial units for expanding their natural derived solution for consumers globally.